Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: BP - BP.L

BP - BP.L 15 Oct 2020 21:50 #1

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...9HJfIwq6id3d%2Fw4%3D

first sign in a while of a possible rally coming up.... ;) ;)
positive divergence on the rsi.

could well be just a short term bounce and then another low....
Either way if you are fan of the stock may well be worth buying some here...but keeping in mind that this could go lower to to the 160's/170's imho...so stop below there...

I think i may well get my first buy here tomorrow and add if it goes lower... ;)
lets see...

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: Libero, Paitech, MRA4

BP - BP.L 05 Oct 2020 08:34 #2

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Thanks TF.
I hold some with a loss now, but I will add once it goes bit lower....
Have a good day
ta
G
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BP - BP.L 04 Oct 2020 13:58 #3

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...DfDtyIMmzcnPC+oaeFs=

short term daily shows a target at about 165p.

bp- weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...IL6d2Dh0YEN/cmggXIs=

long term weekly shows a target at about 180p area....

so between 165p and 180p if we do go there! :whistle: for a long term buy opportunity. ;)

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: longterm_view, Libero, Paitech

BP - BP.L 30 Sep 2020 22:07 #4

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...WirvFr%2FFc5e73v0%3D

this has come back to retest the low of the crash.....will it hold and bounce or make a l/low? :whistle:
I think we could well see a bounce now....even if its only a short lived one... ;)
The rsi is below 30...

Can do a lot worse than buying bp at 225p......even with a reduced divi it returns around 7% at these levels....

question is will it go lower?
i honestly think it will....i'm waiting to see if this gets to 185p area....which was the target here from a while back... ;)
lets see...

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 30 Sep 2020 18:38 #5

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
TF,
I am really tempted to buy some BP.its around 225p today.
What do you think....I have no idea why this is going down even compared to FTSE
Ta G
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BP - BP.L 21 Sep 2020 20:02 #6

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
This one too has broken down... and currently near 230s....
I did buy a long position, being over confident of a bounce, without a stop loss :)
The administrator has disabled public write access.

BP - BP.L 27 Aug 2020 17:55 #7

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...LqEq13+TwCHGpXB043M=

possibly this has closed at a key gap support level.....will it hold?
it could do a gap fill and bounce?
i would say caution with this imvho.....the main markets have been strong (US indices) and ftse has been trading sideways.....but this stock has been falling....

bp - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...DORwT7RqrdKsIy3wWAU=

the longer term chart trend channel points to a possible drop ss low as 180p :whistle: ;)

lets see..

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 27 Aug 2020 11:13 #8

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
HI TF,
I am thinking of adding a long at 258p...
I hold few from higher values too though

ta
G
BP-Daily-27082020.jpg
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BP - BP.L 09 Jul 2020 16:21 #9

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Looks time for a revisit on this
The administrator has disabled public write access.

BP - BP.L 26 Mar 2020 23:46 #10

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...X1ueR0CwN7soOD8n4%3D

this near enough hit its target with a low of 223p.... B)
Off course could have done a lot worse than buying near the low....but have we now missed the boat?

Maybe but at the very least this should come back from this gap resistance...to make a higher low....possibly to around the 260p area...
From there if we get a h/high....then bulls are back....but a lower low....then it should go a lot lower...

wait and watch imvho....

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: AdeMcG, longterm_view, Paitech

BP - BP.L 12 Mar 2020 13:00 #11

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
200~220 is where it went with gulf emexico issue.
Love to top up at that area for long term
The administrator has disabled public write access.

BP - BP.L 12 Mar 2020 06:25 #12

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - monthly.
uk.advfn.com/p.php?pid=chartscreenshotsh...YU1mxr57n1caS2AIiPI=

Monthly very long term chart here....this has been making lower highs for some time....
Need weekly close on end of week closing basis below 298p to open possible move as low 200/220p imvho.... :evil: ;)

very strong stock....so may not go that low during this bear phase....but lets see

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 09 Mar 2020 11:05 #13

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 295
  • Thank you received: 282
  • Karma: 9
I had to sit on my hands, this morning, Shell at £12.50 and BP at £3.

I hope it was correct. :unsure:
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BP - BP.L 09 Mar 2020 06:36 #14

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...XFXreJdLd1hDWyAsekk=

this has looked bearish for a while now....nothing to really stop this falling to the key 300p imho...during this current reversal.....
atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: longterm_view, Paitech

BP - BP.L 25 Feb 2020 08:10 #15

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...EpzuljZuTfFoo29K5oc=

This has hit the key 438p support level(see chart below from 3 dec)
it has also gapped and broken below the Aug trend channel/triangle....

This needs to hold 438p...or its in real trouble...more down to come imvho...

atb, wdik, dyor,
trendfriend
The administrator has disabled public write access.

BP - BP.L 03 Dec 2019 17:44 #16

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...EzLNMtrPFIIKBiIUG6A=
this is making its way down nicely. i think via a few small dead cat rallies make its way to 438p....before a decent bounce.

I may well get tempted for some around that area...lets see..

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: MRA4

BP - BP.L 04 Oct 2019 11:52 #17

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...8snTETY+w9tg+aH+4do=

does look like a clear break of the main up trendline here imho...

The very least should hit 450p....possibly even lower imho ;)

lets see...

atb, wdik, dyor,
trendfriend
The administrator has disabled public write access.
The following user(s) said Thank You: MRA4

BP - BP.L 14 Nov 2018 11:09 #18

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
Well this looked like it was going to fly away not that long ago... :side:

It has really been dumped recently....
Crude oil...has been moving down through Oct/Nov....usually strong months for crude...

while we may get a rally on crude...and hence oil stocks...as both are very oversold.
i think the upside may well be limited...just a oversold rally...then down again maybe? :ohmy:

I think caution on oil stocks...over the coming months may not be a bad idea imvho...

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.

BP - BP.L 25 Oct 2018 10:37 #19

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Bounced off
524p?
The administrator has disabled public write access.

BP - BP.L 18 Oct 2018 16:30 #20

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Oil is dropping .... so chancces this can go lower...and give us a good buy price..
The administrator has disabled public write access.

BP - BP.L 18 Oct 2018 13:09 #21

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...+NFeUIS6zIzifvHIOcA=

this is testing trendline support level...another support below at 542p (200 day ema line)....
will they hold? :unsure:

would see a big drop if they fail imvho...

atb, wdik, dyor,
trendfriend
Last Edit: 18 Oct 2018 13:13 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 03 Oct 2018 16:56 #22

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
Bp - weekly
uk.advfn.com/p.php?pid=chartscreenshotsh...wvLI4CWSRU%2FiElQ%3D

Nice test and hold of the 200 day ema line on the daily chart here.... and this is still making hh's....
while its in a hh's mode....i think the target mid term is 700p, as shown by the broadening triangle...

atb, wdik, dyor,
trendfriend :)
Last Edit: 03 Oct 2018 16:57 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 17 Jul 2018 14:43 #23

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...emIRPdNwsuskJQUe8%3D

This has now come towards the 550p area....the rsi is dtill making lower, lows, so i think it could come off a tad lower to test the 200 day ema line on the daily....so around 520p area....

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 22 May 2018 12:44 #24

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
In the short term....a possible small p/b here....down towards the 450p, possibly to 435 trendline test.
Any dips should be buying opps...
Just correcting a typo, i think this should come back down to 535p/550p area imvho....not 435/450p as i wrote in the post below.....although 435p would be nice place to get in!! lol...

atb,
trendfriend
The administrator has disabled public write access.
The following user(s) said Thank You: annes goal, Coeliac1, Paitech

BP - BP.L 20 May 2018 12:57 #25

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
This is a stock i was looking to buy, but i thought it would drop lower towards 400p! partle because the ftse looked like it would fall of cliff...a couple of months ago!..
So i didn't get in!!

Anyway. to the charts...
BP. Monthly.
uk.advfn.com/p.php?pid=chartscreenshotsh...IBO6eqO1KVo0eDnAU%3D

Clear breakout form a 2007 resistance line, which should be a trend change here...

bp. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...GDAiF9+1AGstme31clE=

In the short term....a possible small p/b here....down towards the 450p, possibly to 435 trendline test.
Any dips should be buying opps...

only a close below 495p, would cancel the bullish view.

so short term, a small p/b....long term up above 700p imvho....

atb, wdik, dyor,
trendfriend
Last Edit: 20 May 2018 12:58 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: annes goal, Coeliac1, Paitech

BP - BP.L 15 Mar 2018 21:11 #26

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...I7pBBe0DCyKIaktSlqM=

its been a good 5 weeks since we looked at this.....and in those 5 weeks nothing much has happened.....it was around 485p when we looked at this on the 7th of Feb...it's now at 465p area...

A closer look does actually show a significant technical event here imvho...because in that time this has developed what looks to be almost certainly a bear flag imvho....bang underneath the 200 day ema line fetaure.....and i think it's about to break down....and that flag breakdown should give a downside target of about 400p.....but lets see...

A weekly close, on a end of week closing basis back above 482p....cancels the bear view...but the setup is still bearish here.....and that is unlikely atm...

atb, wdik, dyor,
trendfriend
The administrator has disabled public write access.

BP - BP.L 07 Feb 2018 18:42 #27

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
quick look here at BP.
bp = daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...re%2FtfxUYv0TWWnQ%3D

the bearish rsi div, was the signal to get out....
the break below and subsequent failure to get above teh 20 day ema line was the signal a nasty fall was in the offing imho.....

This has broken below the 200 day ema line.....and the retest doesn't look very convincing imvho.
Looks like a bounce from oversold rsi levels......and now ready for new leg lower.....

bp. - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...cyumb+8Lj0Fu5/53Aoc=

The weekly shows the bounce from 452p being the 200 day ema line on the weekly chart....
The main trendline looks vulnerable...and the rsi has fallen below the neutral 50 level all indicating further downside...

485 and 475p crucial must hold levels...below 475>452p>437p>410p

by all intents and puposes, at the very least this should retest 452p imvho because the technical set up is bearish....

A weekly close above 485/490p area opens up the highs again....

atb, wdik, dyor,
trendfriend :)
Last Edit: 07 Feb 2018 18:43 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: AdeMcG, annes goal, longterm_view, Paitech

BP - BP.L 07 Feb 2018 17:20 #28

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
LTV,
Please see the attached chart...
You can see it went to 452 yday and then back up.... ta G
Attachments:
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BP - BP.L 07 Feb 2018 10:43 #29

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
watch the 200 day ema line around 412p......at least a reasonable possibility to test that level imvho....

atb, wdik, dyor,
trendfriend
The administrator has disabled public write access.

BP - BP.L 07 Feb 2018 08:36 #30

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 295
  • Thank you received: 282
  • Karma: 9
I didn't see it hit 452.

Today will be intereesting.... :whistle:

Weekly chart, nice hammer.

BP.-Weekly1.png


But daily chart, it retested the trendline and failed. :huh:

BP.-Daily.png
The administrator has disabled public write access.

BP - BP.L 06 Feb 2018 13:11 #31

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Didn't know it went to 452 today!!!
The administrator has disabled public write access.

BP - BP.L 06 Feb 2018 12:00 #32

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Out at 480p.... Don't want to try my luck further....
The administrator has disabled public write access.

BP - BP.L 05 Feb 2018 11:16 #33

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 295
  • Thank you received: 282
  • Karma: 9
Paitech wrote:
Bought in at 481.6p ..5k £ worth
Small punt before tomorrow results
Ta G

I was thinking about it, didn't have the balls. :S

I'll see tomorrow, if it's anything like what happened to shell, profits doubled and share price dropped 2%, admittedly there was a market drop.
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

BP - BP.L 05 Feb 2018 09:46 #34

  • Paitech
  • Paitech's Avatar
  • NOW ONLINE
  • Senior Poster
  • Posts: 555
  • Thank you received: 299
  • Karma: 6
Bought in at 481.6p ..5k £ worth
Small punt before tomorrow results
Ta G
The administrator has disabled public write access.

BP - BP.L 04 Feb 2018 14:17 #35

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 295
  • Thank you received: 282
  • Karma: 9
Thanks trendfriend.

I'll keep watching. ;)

If it gets to 400, I think I will load up. :P
The administrator has disabled public write access.

BP - BP.L 04 Feb 2018 14:01 #36

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
strong support for this stock between 485p (200 day ema line) and 470p/472p main trendline....and pivot level.

Tight stops are a must below 470p, a drop below 470p, could well mean a stronger p/b to the low 400p area is possible imvho....

Ultimately this needs to clear 535p for higher imvho....no break no higher, so thats the target...

A bit of a slow burner for me......a like to go a bit more gung ho....(if you know what i mean)...but this is nice safe stock, that pays a good divi as well... ;)
atb, wdik, dyor,
trendfriend
Last Edit: 04 Feb 2018 14:03 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: longterm_view

BP - BP.L 02 Feb 2018 08:41 #37

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 295
  • Thank you received: 282
  • Karma: 9
BP Weekly.

Looks to have support in 2 forms around 484-490.

Trendfriend, did you buy around 440?

Results soon, so be careful, shell profits doubled, but fell 2%.



BP.-Weekly.png
The administrator has disabled public write access.
The following user(s) said Thank You: annes goal, Trendfriend

BP - BP.L 15 Nov 2017 13:50 #38

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2994
  • Thank you received: 5441
  • Karma: 112
nice call...turned down nicely from there ;)
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.

BP - BP.L 07 Nov 2017 08:23 #39

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1367
  • Thank you received: 1876
  • Karma: 49
BP. - Monthly Chart.
uk.advfn.com/p.php?pid=chartscreenshotsh...QriqC3I%2Fz6PFwn0%3D

This is approaching a key resistance trendline at 531p (falling a slightly monthly)

If it breaks above, it would end a very long term down trend here.....10 + years!! :huh:

Any would be a massive buy signal, and indicative of long term strength.....not only for BP but for the ftse and whole sector imvho.... ;)

atb, wdik, dyor,
trendfriend
The administrator has disabled public write access.
The following user(s) said Thank You: remo, annes goal, MRA4
Moderators: remo

Time to create page: 0.391 seconds